Who is Firstsource Advantage?
Firstsource Advantage, LLC is a debt collection agency based in Amherst, New York. Their main role is to recover unpaid debts for various businesses.
If you see them listed on your credit report, it could be because you have an unpaid bill or debt that has been handed over to them for collection.
Who does Firstsource Advantage collect for?
Firstsource Advantage caters to various industries in its collections process. They handle collections for auto lenders, which could be due to unpaid car loans. They work with credit card companies, often dealing with overdue credit card bills.
They also collaborate with healthcare providers to manage unpaid medical bills. In the education sector, they collect on behalf of student loan lenders for unpaid student loans. Finally, they also deal with telecommunications companies, typically involving unpaid phone or internet bills.
Is Firstsource Advantage legit or a scam?
Firstsource Advantage is a legitimate company. They are authorized to collect debts on behalf of their clients. However, it’s important to verify any debts they claim you owe before making any payments.
How can I remove Firstsource Advantage from my credit report?
Collection accounts can impact your credit score for up to seven years, so it’s essential to address them promptly. To remove collections from your report, start by disputing any errors related to the account with the credit bureaus.
If the information is accurate, consider negotiating a “pay-for-delete” agreement, where you offer payment in exchange for the account’s removal. Another option is to work with a credit repair service that specializes in challenging collections.
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Firstsource Advantage, LLC Contact Information
Address:
Firstsource Advantage, LLC
205 Bryant Woods South
Amherst, NY 14228
Mailing address:
Firstsource Advantage, LLC
P.O. Box 628
Buffalo, NY 14240-0628
Phone number: (800) 486-9164 or (716) 564-4400
Should I contact or pay Firstsource Advantage?
Before contacting a debt collector, verify that the debt is legitimate and accurately reported. Credit reports can contain errors or list debts that are no longer valid. Also, be aware that making payments on a debt can reset the clock and potentially harm your credit.
The most effective way to deal with Firstsource Advantage is to work with a credit repair professional. They help remove millions of negative items every year from companies like First Source Advantage on behalf of their clients.
Will Firstsource Advantage, LLC sue me or garnish my wages?
Firstsource Advantage, like other debt collection agencies, is entitled to sue you for unpaid debts. If they win the lawsuit, they could potentially garnish your wages or levy your bank account, subject to the laws of your state. However, this is typically a last resort for collection agencies due to the time and cost involved.
Firstsource Advantage, LLC Complaints
Many collection agencies have numerous complaints filed with the Consumer Financial Protection Bureau (CFPB) and the Better Business Bureau (BBB). Most complaints are about inaccurate reporting, harassment, or failure to verify a debt. If you are being harassed, consider filing a complaint.
You have many consumer rights under the Fair Credit Reporting Act (FCRA) and the Fair Debt Collection Practices Act (FDCPA). These rights include disputing credit reporting errors and being treated fairly and respectfully by debt collectors.
Your Rights When Dealing with Firstsource Advantage, LLC
Debt collectors must follow state and federal laws. The Fair Debt Collection Practices Act (FDCPA) prohibits abusive, unfair, or deceptive practices and ensures your rights are protected:
- It is a violation of federal law for Firstsource Advantage to report inaccurate or incomplete information about you.
- You have a legal right to request debt validation on an alleged debt. Send the collection agency a debt validation letter. They have 30 days to prove the debt is yours and the amount is accurate.
- Firstsource Advantage cannot threaten or harass you, call repeatedly, swear at you, or publicly publish a list of debtors.
- Firstsource Advantage must be honest about who they are and their purpose. They must notify you in writing and verbally that they are a debt collection agency.
- Firstsource Advantage cannot threaten to have you arrested or imprisoned for unpaid debts.
Remove Firstsource Advantage, LLC From Your Credit Report Today!
Credit Saint offers assistance with disputing Firstsource Advantage, LLC accounts. With over 15 years of experience, they have worked with clients to address incorrect entries on credit reports.
If managing collection accounts feels overwhelming, working with a trusted credit repair company could be a helpful step toward improving your credit.
Visit their website or call (855) 281-1510 for more details.
